20 quantity in every entry .
First broke the previous swing high of 2069 (first entry point) with SL of 1965
Second Broke the swing high of 2177 (Second Entry Point ) with SL of 2069
Third Entry Point will be if it goes above 2330 for this SL will be revised to 2177 ..lets see when it crosses it .
Now I have 40 quantity @2123 SL is 2069 .
Will wait for the ...
1st and 2nd Bottom at 914 (seperation beetween the two bottom is very good I generally look for more than 25 days )
confirmation line @ 1083
expecting it to test this level again .
If it does will go Long for target of 1244
The two bottom made at A and B is a false double bottom as the seperation between the two bottom is not long enough.
1st Bottom is at Point B : @342 levels
2nd Bottom is at point C: @ 342 levels
Seperation beetween point B and C is more than a month .
Breakout line is at 415 levels.
Went long @ 415 level for target of 496
5 Steps that I follow , If I get any stocks which qualifies for the below critaria I go long
Step1: 5 Day Moving Average crosses 12 Day Moving Average from Below and the gap expands for next candle
Step2: Blue line crosses red line from below and the gap expands for next candle
Step3: Enter at any point in Next Candle or enter when prevous High is broken
Step 4: ...
The stock was respecting 50 day Moving average mutiple times and it was trading above its 200 day moving average. Took position on 30th MAY 2018 @ 920.
The next few days were very tough at it was reaching my SL of 797 ( previous swing low).
The stock again respected the 50 Day moving average and is moving Up now . Revised SL is 990 now.